(SouthMagnes) South Magnes complete technical analysis [charts+indicators] | Buy/Sell South Magnes | (SouthMagnes) share price targets
Complete technical analysis of South Magnes (SouthMagnes) by charts plus indicators, forecast predictions and share price targets for South Magnes (SouthMagnes)
Showing technical analysis as on 2024-05-16 View latest technical analysis
10 day averaged volume of South Magnes is 2235
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 297.10 | 302.00 | 302.00 | 285.00 | 1.31 times |
| 15 Wed May 2024 | 288.15 | 280.00 | 288.35 | 280.00 | 1.507 times |
| 14 Tue May 2024 | 274.65 | 268.00 | 278.45 | 266.80 | 0.763 times |
| 13 Mon May 2024 | 266.80 | 265.00 | 275.95 | 260.10 | 0.679 times |
| 10 Fri May 2024 | 263.25 | 266.00 | 270.50 | 262.00 | 0.443 times |
| 09 Thu May 2024 | 258.20 | 278.70 | 278.70 | 258.00 | 0.38 times |
| 08 Wed May 2024 | 271.35 | 274.35 | 280.00 | 262.75 | 0.583 times |
| 07 Tue May 2024 | 274.35 | 266.30 | 289.90 | 266.30 | 0.829 times |
| 06 Mon May 2024 | 280.30 | 298.90 | 298.90 | 280.30 | 0.978 times |
| 03 Fri May 2024 | 287.05 | 305.95 | 305.95 | 280.25 | 2.089 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 287.6, but if it comes below 287.6, then a intra day sell could be more profitable.
If you take a sell trade below 287.6, then use 287.6 as stoploss and 264.79 as target. However if you take a buy trade in stock , then use 287.6 as stoploss and 315.1 as target.
Share price targets for South Magnes (SouthMagnes)
| Target Type | Value |
| Downside Target | 199.10 |
| Downside Target | 207.25 |
| Downside Target | 212.20 |
| Downside Target | 218.85 |
| Downside Target | 232.00 |
| Downside Target | 258.00 |
| Downside Target | 268.05 |
| Downside Target | 288.25 |
| Downside Target | 295.50 |
| Upside Target | 298.90 |
| Upside Target | 302.00 |
| Upside Target | 305.95 |
Intraday share price targets for South Magnes (SouthMagnes)
| Target Type | Value |
| Downside Intraday Target | 270.8 |
| Downside Intraday Target | 244.5 |
| Upside Intraday Target | 312.7 |
| Upside Intraday Target | 328.3 |
| Downside Intraday Target | 286.4 |
Weekly technical analysis of South Magnes (SouthMagnes)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 297.10 | 265.00 | 302.00 | 260.10 | 1.326 times |
| 10 Fri May 2024 | 263.25 | 298.90 | 298.90 | 258.00 | 0.361 times |
| 03 Fri May 2024 | 287.05 | 281.45 | 305.95 | 273.45 | 1.477 times |
| 26 Fri Apr 2024 | 268.05 | 221.45 | 268.05 | 220.50 | 3.958 times |
| 19 Fri Apr 2024 | 225.95 | 225.00 | 232.00 | 212.20 | 0.544 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of South Magnes (SouthMagnes)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 297.10 | 282.00 | 305.95 | 258.00 | 0.649 times |
| 30 Tue Apr 2024 | 282.70 | 218.00 | 295.50 | 207.25 | 1.065 times |
| 28 Thu Mar 2024 | 217.50 | 250.00 | 260.00 | 199.10 | 1.377 times |
| 29 Thu Feb 2024 | 252.60 | 246.60 | 271.50 | 218.85 | 0.541 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of South Magnes (SouthMagnes)
Price action analysis of South Magnes ( (SouthMagnes) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of South Magnes ( (SouthMagnes) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of South Magnes ( (SouthMagnes) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of South Magnes ( (SouthMagnes) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for South Magnes stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for South Magnes in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
South Magnes Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for South Magnes in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Stock of South Magnes is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 281.18 and South Magnes (SouthMagnes) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the South Magnes (SouthMagnes) stock. Volume based technical analysis of South Magnes (SouthMagnes) stock is negative.
South Magnes Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of South Magnes ( (SouthMagnes) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of South Magnes ( (SouthMagnes) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of South Magnes ( (SouthMagnes) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of South Magnes ( (SouthMagnes) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for South Magnes stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for South Magnes in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
South Magnes Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for South Magnes in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Stock of South Magnes is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 281.18 and South Magnes (SouthMagnes) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the South Magnes (SouthMagnes) stock. Volume based technical analysis of South Magnes (SouthMagnes) stock is negative.
South Magnes Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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